Netflix Slips: Q1 Net Adds Miss, Q2 Net Adds Beats

Posted - April 19 201701:13

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Netflix Slips: Q1 Net Adds Miss, Q2 Net Adds Beats

Netflix, Inc. (NFLX) now has a Return on Assets (ROA) value of 1.5 Percent.

Specifically, he singles out the "Crouching Tiger Hidden Dragon" sequel Netflix released a year ago, as one of its first forays into movies. But the seemingly invincible Netflix also faces hurdles. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.09% with $418.07 Million sitting short, betting on future declines.

When Netflix reports on April 17, the market's focus will not necessarily be on the typical revenue and earnings results, but on the growth metrics related to its subscriber base.

29 analysts on average are expectingNetflix, Inc.to report earnings of $0.24 per share for the current quarter. Netflix had a return on equity of 7.51% and a net margin of 2.11%.

The company's expected revenue in the current quarter to be 2.64 Billion, seeing a projected current quarter growth of 516.7%, and per annum growth estimates over the next 5 year period of around 77.49%. During the same period previous year, the firm posted $0.06 EPS. Analysts had been expecting earnings of 37 cents per share on $2.64 billion in revenue.

The FBR analysts also pointed to the rise of Internet TV - of which Netflix is a pioneer - that's forced traditional media players to roll out over-the-top offerings, and Amazon's (NFLX) investment in its own Internet TV offering, that could eventually compete with Netflix. "(NFLX) Price Target to $73.00" was originally published by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of USA and worldwide trademark and copyright law. The legal version of this news story can be viewed at https://baseballnewssource.com/markets/netflix-inc-nflx-pt-raised-to-184-00-at-bank-of-america-corp/618120.html. The shares were sold at an average price of $145.66, for a total transaction of $13,036,861.32. These holdings make up 87.36% of the company's outstanding shares. The stock was sold at an average price of $144.68, for a total transaction of $724,123.40. In the last three months, insiders sold 339,183 shares of company stock valued at $47,764,316. The disclosure for this sale can be found here. Institutional investors own 80.42% of the company's stock. Institutions are now holders of 83.90% of the shares.

Getting that growth up is going to be even more important given the amount of money Netflix has to invest to get those subscribers to stick around and gather new ones. Integrated Wealth Management acquired a new position in Netflix during the first quarter valued at $228,000. Capital Research Global Investors now owns 51,745,376 shares of the Internet television network's stock worth $5,099,507,000 after buying an additional 1,777,574 shares during the period. Over the past one year, Netflix shares have outperformed the Zacks categorized Broadcast Radio/TV industry.

The net additions figure for the 2017 first quarter was also significantly lower than the 7.05 million subscriber the company added in the 2016 fourth quarter, which caused the company's stock to shoot up to all-times highs back in January.

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